Fed to impact RMB valuation more than SDR inclusion

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By Paolo Danese
30 Nov 2015

Chinese authorities are expected to allow the renminbi to depreciate following the decision on the IMF Special Drawing Rights (SDR) basket, though there is a debate about how severe that fall will be. Either way, it is likely a hike in rates by the Federal Reserves (Fed) could hold more sway on the RMB's future than SDR inclusion.

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